Mural Commemorating the Second Summit of Mayors of the NAITCP
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annualDTC report STATE OF DOWNTOWN 2006 ARUN THAI PLACE GRILL I BAR NATASHA I BELLE EPOQUE I CITY MARKET I CUPINI'S DOWNTOWN FRESH PASTA & PANINI I HABITAT SHOE STORE I THE MANGO ROOM I HARRY’S COUNTRY CLUB I JP WINE BAR & COFFEE HOUSE I MICHAEL’S CLOTHING I OGGI MODERN FURNISHINGS I PLANET SUB I SCOOTER’S COFFEEHOUSE I KANSAS CITY STAR PRESS PAVILION HILTON PRESIDENT KANSAS CITY I HOK SPORT + EVENT + VENUE OFFICES I RESIDENTIAL DEVELOPMENT I CHILDREN’S MERCY HOSPITAL EXPANSION I POWER AND LIGHT DISTRICT I SPRINT CENTER ARENA I FEDERAL RESERVE BANK OF KANSAS CITY I H&R BLOCK WORLD HEADQUARTERS I KANSAS CITY CONVENTION CENTER EXPANSION I IRS REGIONAL SERVICE CENTER new URBANISM DOWNTOWN COUNCIL OF KANSAS CITY, MISSOURI is a private non-profit membership organization representing Kansas City’s best businesses, property owners, entrepreneurial companies and non-profit organizations. The DTC is committed to creating a vibrant, diverse and economically sustainable Downtown. www.downtownkc.org [816] 421-1539 Table of Contents ANNUAL REPORT LETTERS FROM THE CHAIR & PRESIDENT 2 GOALS & ACCOMPLISHMENTS ECONOMIC & COMMUNITY DEVELOPMENT 5 URBAN ENVIRONMENT 7 MEMBERSHIP & ORGANIZATION 8 MARKETING, PUBLIC RELATIONS & EVENTS 8 TRANSPORTATION, ACCESS & PARKING 8 FINANCIAL HIGHLIGHTS 8 ARTS & CULTURE ...ENGAGING STREET LIFE ... interesting ...vibrant...diverse ...creative ... synergistic ...sustainable ...accessible ... walkable...livable...transformational... Downtown Kansas City... Table of Contents STATE OF DOWNTOWN MAJOR INVESTMENT OVERVIEW 9 MAJOR INVESTMENT MAP 10 OFFICE MARKET 13 RETAIL MARKET 13 BUSINESS / EMPLOYERS 15 WORKFORCE 15 RESIDENTIAL DEVELOPMENT 17 ARTS & CULTURE 19 CONVENTION, HOTELS & TOURISM 21 SPORTS & ENTERTAINMENT 21 HEALTHCARE & EDUCATION 23 PARKS & STREETSCAPE 23 TRANSPORTATION & ACCESS 23 DTC OFFICERS, BOARD & MEMBERS 24 AFFILIATED ORGANIZATIONS & STAFF 25 Mural commemorating the Second Summit of Mayors of Canada, United States and Mexico on Bartle Hall, 12th Street. LETTER FROM THE CHAIR LETTER FROM THE PRESIDENT Dear Friends and Supporters of Downtown: Dear Friends and Supporters of Downtown: Vibrant. Diverse. Livable. This will be the new Downtown. Never Downtowns are complex systems by definition. The challenges of before has so much work been underway. Since 2000, more than redevelopment are great but so too are the rewards. New urbanism $4 billion has been committed to building the new Downtown. represents an appreciation of diversity of experience and for the environment within which it exists. The Power and Light District, the Sprint Center, the Kansas City Convention Center Expansion, the H&R Block Headquarters, Downtown Kansas City exemplifies sustainable development. and the IRS Regional Service Center are all nearing Our density provides business the opportunity for synergies completion. When completed, they will provide new not available at suburban campuses. As operating costs opportunities for growth and investment. increase, Downtown continues to demonstrate that it is the smart choice for both business and residents. We’re not done. The Kauffman Center for the Performing A second car costs an average of $6,500 per year Steve Taylor, Chair Bill Dietrich, President & CEO Arts will link the Loop and the Crossroads. East Village will add even for a young, creative college graduate. That translates into about a “THERE IS NO “THE DTC PROVIDED more housing to our growing Downtown neighborhood. And new year of housing in a Downtown apartment or condominium; that’s a smart, VALUABLE MARKET investment will take root in the spaces between the big projects. urban alternative and an effective recruitment tool. BETTER PLACE TO INFORMATION But more than just bricks and mortar, the new Downtown will be a Take a look at Downtown’s diverse neighborhoods and see creative OPEN A NEW RETAIL TO HELP US MAKE new experience, a new urban experience that will blend Kansas industries; architectural, marketing, advertising and design services, VENTURE THAN City’s rich Midwestern tradition with a new energy and vitality -- all in art galleries and boutique retail locating here because of synergies THE DECISION TO a thoroughly modern setting. with other like businesses. A vibrant urban culture is expressed DOWNTOWN. through events like First Friday gallery walks, cultural festivals like COME DOWNTOWN. Your Downtown Council is working hard to promote economic Oktoberfest, the Avenue of the Arts and Art in the Loop. New major THERE IS CONTINUOUS WE LOOK FORWARD development, to recruit and retain business, to continue the residential venues breaking ground or being upgraded will exponentially add to BUZZ & EXCITEMENT renaissance, and to manage the Community Improvement Districts. the Downtown experience. An exciting, urban, pedestrian friendly TO THE FUTURE Downtown will help us attract and retain the young professional & IT’S FUN TO BE A Now is the time to stay involved and participate even more as today’s workforce critical to our sustainability. OF DOWNTOWN AS future becomes tomorrow’s reality. RETAILING PIONEER A TRUE 24-HOUR CITY.” Young professionals are demanding more than careers, they are IN THE NEW Steve Taylor, Chair seeking lifestyles. Together we are building an exceptional Downtown Jeff Klusman, co-owner, Planet Sub that is a uniquely urban Kansas City experience. Thank you for your URBAN PLAN continued support. FOR KC.” John McClain, owner, Habitat Shoe Store Bill Dietrich, President & CEO 2. 3. 2005 - 2006 GOALS AND ACCOMPLISHMENTS The Downtown Council (DTC) is committed to creating a vibrant, diverse and economically sustainable Downtown Kansas City, Missouri. Downtown is the arts and cultural center of our metropolitan area, a model of sustainable development, a residential neighborhood, an energetic work place and a setting for entrepreneurial creativity. Downtown Kansas City is interesting, vibrant, diverse, synergistic, accessible, walkable, and livable. The pieces are in place; the Downtown Council is making the connections and leading Downtown into the future. Highlights of our 2005-06 accomplishments are summarized below. Urban Tour Weekend Billboard. 10th Street, Library District. Scooter’s Coffeehouse - 9th & Walnut. ECONOMIC & COMMUNITY DEVELOPMENT RETAIL RECRUITMENT The DTC implements strategies to create a healthy and Through its Retail Recruitment Program the DTC marketed diverse Downtown economy and community. Our focus Downtown retail opportunities on local, regional and national is creating economic development opportunities levels. Highlights include: through implementing the 2005 Kansas City ■ Recruited eight retail businesses Downtown. Downtown Corridor Strategy. ■ Provided information and technical assistance to over 60 POLITICAL ADVOCACY retailers, more than 40 of whom located Downtown. The Downtown Political Action Committee, which is managed ■ Provided three information sessions to realtors, brokers, retail by the DTC, enables Downtown businesses to speak with property owners and bankers. a unified voice when advocating for Downtown. ■ Developed and implemented the Downtown Loan Fund, Accomplishments include: through both grants and a banking consortium with seven banks. The loan program assists new retailers opening in ■ Surveyed, interviewed and endorsed Missouri state the urban core. candidates from urban, suburban and rural ■ Identified catalyst retail sites to utilize loan fund. areas who support Downtown. ■ Initiated a business support program and conducted ribbon ■ Participated in legislative initiatives for responsible reform cutting events for new retailers. to eminent domain and TIF practices. RESEARCH & INFORMATION HOUSING The DTC is working to become the information source for Through its Housing Committee the DTC works to support Downtown. Accomplishments for the past year include: the continuing growth in residential development Downtown. ■ Initiated plan to increase data collection, management and Issues of importance include workforce housing, parks publication capabilities. and green space, land use/zoning master planning, ■ Managed, collected and utilized data to provide research, Downtown academic campus and parking. analysis and information in support of the DTC’s strategies. Accomplishments for the year include: ■ Responded to hundreds of requests for information from local, regional, and national firms interested ■ Produced the sixth annual Urban Tour showcasing over 35 residential properties and the Taste of Downtown in investing in Downtown as well as requests with an estimated attendance of 10,000. from citizens and visitors. ■ Completed comprehensive employee survey and report. ■ Tracked and published detailed residential development data. Celebration at the Station - Union Station. annual report 4. 5. BUSINESS RETENTION & ATTRACTION ■ Provided management services to the DCID in its fourth The Business Retention and Attraction Committee proactively works year of operations. to retain and attract businesses Downtown. Highlights include: ■ Based on the operational accomplishments of the organization, ■ Leadership teams contacted over 100 businesses regarding the DCID initiated the process to renew the district. In 2006 the retention or attraction. DCID received high marks of satisfaction from Downtown tenants, residents and ratepayers. Survey results showed that since 2003 ■ Produced the Urban Hero Award program recognizing small public spaces are cleaner and Downtown is safer. businesses and individuals who are passionate about making Downtown more vibrant.